Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides online video platforms that integrates and manages advanced video delivery. It also offers edge computing services; cloud security services that provide defense against malicious website attacks and unauthorized content access; and cloud storage services. In addition, the company provides professional services; and other infrastructure services, such as transit, hardware, and rack space services. It serves companies operating in the media, entertainment, gaming, technology and software, enterprise, retail, and other sectors. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.
Company profile
Ticker
EGIOQ, EGIOQ
Exchange
Website
CEO
Mr. Todd A. Hinders
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Exelon • Valero Energy • Sempra • Markel • NiSource • Everest • Crown Castle • Republic Services • Intercorp Financial Services • Booking ...
Former names
Limelight Networks, Inc.
SEC CIK
Corporate docs
Subsidiaries
Edgio Networks Canada • Edgio do Brasil Ltda incorporated • Edgio France SARL incorporated • Edgio Germany GmbH incorporated • Edgio Hong Kong Limited incorporated • Edgio Solutions India Private Limited incorporated • Limelight Networks International, Inc. incorporated • Edgio Italia S.r.l. incorporated • Edgio Japan, Ltd. incorporated • Edgio Korea Ltd. incorporated ...
IRS number
201677033
EGIOQ stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
29 Oct 24
EFFECT
Notice of effectiveness
29 Oct 24
15-12G
Securities registration termination
25 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Oct 24
Transcripts
EGIOQ
Earnings call transcript
2023 Q3
15 Nov 23
EGIOQ
Earnings call transcript
2023 Q2
12 Sep 23
EGIOQ
Earnings call transcript
2022 Q4
19 Jul 23
EGIOQ
Earnings call transcript
2022 Q3
9 Nov 22
EGIOQ
Earnings call transcript
2022 Q2
9 Aug 22
EGIOQ
Earnings call transcript
2022 Q1
28 Apr 22
EGIOQ
Earnings call transcript
2022 Q1
28 Apr 22
EGIOQ
Earnings call transcript
2021 Q4
21 Jan 22
EGIOQ
Earnings call transcript
2021 Q4
20 Jan 22
EGIOQ
Earnings call transcript
2021 Q3
5 Nov 21
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm | 27.63 mm |
| Cash burn (monthly) | 2.85 mm | 2.64 mm | 8.00 mm | 11.88 mm | 3.56 mm | 3.25 mm |
| Cash used (since last report) | 37.64 mm | 34.84 mm | 105.62 mm | 156.78 mm | 47.02 mm | 42.87 mm |
| Cash remaining | -10.01 mm | -7.21 mm | -77.99 mm | -129.15 mm | -19.39 mm | -15.23 mm |
| Runway (months of cash) | -3.5 | -2.7 | -9.7 | -10.9 | -5.4 | -4.7 |
Institutional ownership, Q2 2024
| 13F holders | Current |
|---|---|
| Total holders | 39 |
| Opened positions | 6 |
| Closed positions | 7 |
| Increased positions | 7 |
| Reduced positions | 14 |
| 13F shares | Current |
|---|---|
| Total value | 4.43 bn |
| Total shares | 81.21 mm |
| Total puts | 45.20 k |
| Total calls | 0.00 |
| Total put/call ratio | Infinity |
| Largest owners | Shares | Value |
|---|---|---|
| Apollo Management Holdings GP | 80.81 mm | $52.53 mm |
| Vanguard | 153.65 k | $1.68 bn |
| BLK BlackRock | 54.42 k | $594.27 mm |
| Geode Capital Management | 37.34 k | $407.85 mm |
| Corton Capital | 21.67 k | $236.63 mm |
| Pinnacle Associates | 15.84 k | $172.93 mm |
| Creative Financial Designs | 14.80 k | $161.64 mm |
| STT State Street | 13.30 k | $145.26 mm |
| Gabelli Funds | 12.40 k | $135.36 mm |
| Citadel Advisors | 12.03 k | $131.32 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Sep 24 | Ajay Kapur | Common Stock | Sell | Dispose S | No | No | 1.72 | 143,026 | 246.00 k | 0 |
| 11 Sep 24 | Ajay Kapur | Common Stock | Sell | Dispose S | No | No | 1.1 | 5,000 | 5.50 k | 143,026 |
| 1 Jul 24 | Ajay Kapur | Common Stock | Payment of exercise | Dispose F | No | No | 10.76 | 4,960 | 53.37 k | 148,028 |
| 31 May 24 | Diegnan Richard P. JR | Common Stock | Payment of exercise | Dispose F | No | No | 9.31 | 62 | 577.22 | 5,612 |
| 31 May 24 | Cumming Stephen | Common Stock | Payment of exercise | Dispose F | No | No | 9.31 | 204 | 1.90 k | 11,664 |
News
Why Exicure Shares Are Trading Higher By Over 49%; Here Are 20 Stocks Moving Premarket
16 Sep 24
Crude Oil Dips Over 4%; OPEC Cuts Global Oil Demand Outlook
10 Sep 24
Edgio (EGIO) Stock Is Down 34% Today: What's Going On?
10 Sep 24
Dow Dips Around 1%; US Small Business Optimism Falls In August
10 Sep 24
US Stocks Mixed; Oracle Posts Upbeat Results
10 Sep 24
Press releases
Edgio Releases Security Platform Controls Aimed at Thwarting Automated Threats
24 Sep 24
Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations
9 Sep 24
Edgio, Inc. Receives Expected Notice from NASDAQ
28 Aug 24
BT Group and Edgio announce world's first MAUD enabled Content Delivery Network
22 Aug 24